StockholmRod,
I don't think that moving the Melbourne operations to the US will solve the FX issue. They will still be dealing with $USD.
As long as they are an Australian company selling into the US they will have FX issues unless they strike a price in $AUD and let the customer take the hit by changing the price each day or hedge the issue with a bank and get them to take the risk (they will then not get the advantage of any positive FX movement).
They could also get rid of the issue by moving everything to the US and having the shares listed on the New York exchange (NOT GOING TO HAPPEN). We would then have US shares which would....... move with the exchange rate so the shareholders would be in the same position....
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StockholmRod,I don't think that moving the Melbourne operations...
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